Wall Street cheers progress on inflation. But some see trouble ahead for stocks.


Wall Street embraced the U.S. April consumer-price index, a closely watched inflation gauge published Wednesday, with cautious optimism.

But some Wall Street analysts are worried inflation might not be slowing quickly enough to satisfy the market’s expectation for as many as three interest-rate cuts by the Fed before the end of the year.


This article was originally published by Marketwatch.com. Read the original article here.

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